LUXEMBOURG - UBS (Lux) Fund Solutions announced a series of changes to its sub-funds, including name updates and adjustments to align with ESMA guidelines on ESG-related terms. The changes, effective from May 12, 2025, are part of the company’s effort to streamline its offerings and increase the sustainability focus of certain funds.
The rebranding will see the names of various sub-funds simplified, removing the "(Lux) Fund Solutions" designation and, in some cases, adding the "Core" label to reflect a focus on essential market exposures. For instance, the "UBS (Lux) Fund Solutions - MSCI World UCITS ETF" will be renamed "UBS MSCI World UCITS ETF". The investment objectives, policies, and the indices tracked by the sub-funds will remain unaffected by the name changes.
In line with the ESMA guidelines, one sub-fund will undergo a name change to more accurately reflect its investment approach: the "UBS (Lux) Fund Solutions - J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF" will become "UBS J.P. Morgan USD EM IG Screened Diversified Bond UCITS ETF". This adjustment clarifies the fund’s strategy of screening for ESG factors.
Moreover, several sub-funds will increase their minimum proportion of sustainable investments to 40%. This change emphasizes UBS’s commitment to sustainability and aligns with the growing investor demand for responsible investment options. The affected sub-funds include those with "Sustainable" and "ESG" in their titles, such as the "UBS (Lux) Fund Solutions - Bloomberg MSCI US Liquid Corporates Sustainable UCITS ETF".
Additionally, the naming convention for share classes will be standardized. The "A" designation, previously indicating availability to all investors on the secondary market, will be dropped. Classes hedging currency exposure will be denoted with an "h", and brackets indicating the relevant currency will be removed for simplicity.
Investors holding shares in these sub-funds can expect to see these changes reflected in the upcoming version of the prospectus and key information documents available at UBS Asset Management’s Luxembourg office or on their website.
The update is part of UBS ETFs’ broader strategy to provide clear and accessible investment products while responding to the evolving regulatory landscape and investor preferences for sustainable and ESG-compliant funds.
This article is based on a press release statement.
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